Price is facing bearish pressure from our first resistance in line with our 78.6% fibonacci extension and 127.2% fibonacci retracement where we could see a reversal below this level. Stochastic is facing bearish pressure from our resistance as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully...
Hi Again, I am analysing, preparing for a new week. I always tend to do this on a sunday afternoon. Beware this is not an advice. I don't often trade copper but when i do i always have a good trade. I only step into this commodity when i am really really sure about it to earn some side $. Only small pieces. Last weeks it moved more than Gold/Silver. It even...
ATH Close, MACD crossing, RSI to cross 70 & assays pending: BULLISH Drawback: Open finance to limit run in the short term
Both Copper and Dollar index are showing breakout and breakdown respectively on monthly timeframe. Markets have too much liquidity and with Copper breaking out means it is signalling growth and inflation. And growth on one hand is good but inflation at this time when liquidity is at its max in history might pose problems for FED. Are interest rates about to...
Price is facing bullish pressure where a clear break of our upside confirmation level could provide the bullish acceleration to our first resistance target. Ichiomku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully...
Copper bounced off support at 2.98025 where it could potentially rise further to 3.02015. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Now let’s dive into the intermarket relationships and see if we can find a trend: Here we have an even split. So we will still have to wait and see what will take place. We are starting to see a few breakouts in price, but we need to see more to go bullish. If we start to see failures, we will see a continuation of the bearish trend. Bullish = 6 Neutral =...
As per my analysis copper is on sell so, Sell at 530.50 and stop loss at 531.60 and expected targets 527.10 / 523.70 Fibonacci and Gann always rocks follow us , support us , research with us
Price is facing bullish pressure from our Ichimoku cloud where a break above our upside confirmation level could provide the bullish acceleration to our first resistance target at 3.09717 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bullish pressure from our 20 period EMA and Ichimoku cloud where a break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Copper broke its descending resistance trend line and is facing bullish pressure from our Ichimoku cloud and EMA where a break above our upside resistance could see a push up to our first resistance target at 3.09717 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Analysis of the HGCOPPER on a 4H chart Hello traders, this is my second published trade idea, please click Like, and leave a comment, as I am interested in your thoughts, wishing you all a happy day. 😉⠀ ------------------------------------------------------------------------------------ -DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It...
As simple as it gets. The most important support levels and where the price is sitting... I'll leave it all in your imagination as the bottom half are not stocks, but assets that are showing signs of bullishness for the markets in general.
Copper Support and Resistance Line Trade Set Up
Copper is approaching our resistance at 3.00544 where it could potentially drop further to 2.88732. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Copper reversed off its resistance at 3.03006 where it could potentially drop further to 2.97316. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.